1. Why do you want to develop Start-up Centres in your Universities?
Presented By: Dr Tim Coole

2. How to develop Start-up Centres in Universities?

3. United Kingdom’s experience
Where do we start?
What are the tensions / barriers?
What is an enterprising organisation?
What are rewards of getting involved?
Do we have the capability?
Do we want ownership?
Are we credible?
What approach should we adopt?

4. Are we an entrepreneurial university?
Can universities adapt? Is organisational change required?
Entrepreneurial v Managerial design/culture
Re-balancing stakeholder relationships/values?
Becoming Learning and Learned organisations
Research/development v Research/publication
Staff typologies status and rewards ?
Academic v administrative v consultant
Contract with the student?
Open door to entrepreneurs and IPR
BUCKS Martyn Robertson

5. What are issues and barriers to start?
Hard to find, generate the idea & recognise opportunities
Being alone & remaining motivated
Building confidence
Having the skill & ability to run a business
Developing networks & finding customers
Struggle to find capital - Banks don’t like lending
Risks are too high
Legal aspects of concern

6. Example: Business Start-Up @ Bucks Uni.
Our Aims
to raise awareness of entrepreneurship
to provide practical support services to students and graduates who are considering self employment as a future career
to teach students enterprising / business skills which will enhance their employability

7. service delivery to graduates
Business & Personal Appraisal
Access to Finance & Professional Services
Expert mentors & business support.
On-site counselling
Training Programmes
Entrepreneurs’ network,
Networking Events & Opportunities
Incubation Facilities
Competitions & Elevator Pitches
Embedded Learning
Facilities

8. How many of these services does the university need to deliver?
Business & Personal Appraisal
Access to Finance & Professional Services
Expert mentors & business support.
On-site counselling
Training Programmes
Entrepreneurs’ network,
Networking Events & Opportunities
Incubation Facilities
Competitions & Elevator Pitches
Embedded Learning
Facilities
Proof of concept funding
Workshops
Incubatee Profile
Interested in the individual and their personal motivation and commitment
Quality of the business concept ( feasibility, commercial robustness, individual capabilities, etc)
BUCKS Martyn Robertson

9. What we did.. Monthly Information Sessions Needs Assessment
Workshops (Knowledge Workshops, business planning, networking etc etc)
Annual Summer School
Business Concept Competition
One to one Appointments with a Business Advisor
Business Mentors
Proof of Concept funding
Access to business incubation

10. Workshops Business Awareness Idea Generation Proven Idea
Business Feasibility & Planning
Functional Specialisms

11. Delivery of Finance & Support
On site advisors who access funds
Network of Business Angels
Committed bank managers
Commercial lawyers to package the deals
Entrepreneurial accountants to match businesses to their clients’ funds
Feasibility study grants
Proof of Concept Funds
Bright Ideas Funds
Regional Venture Capital Funds

12. A complete package at all stages of the journey to sustainable growth business with standards and values

13. What the university’s culture has to be:-
Professional
Well resourced
Honest, trusted & respected
Valued
Listening, caring & supportive but never over-offering
Fun & welcoming

14. 19. Example of a website:- WWW.BUSINESS-START-UP.BIZ

15. Engaging with the Community

16. A place to be enterprising

17. A hub of activity

18. COMPETITIONS between Universities

19. A showcase of talent?

20. BUCKS Martyn Robertson
Success Stories
BUCKS Martyn Robertson

21. Embedded Enterprise Teaching, Learning & Employability
through:
Enterprise Café: resources and interaction
Faculty Pioneers & Enterprise Fellows
Curriculum Evaluation and Scholarly Research projects
Staff Development
Curriculum Projects
Student Placements
Student Work and Talent Showcased

22. Essential questions
What are the major organisational barriers your universities need to overcome?
What are the major barriers your students and graduates will have to overcome to become successful entrepreneurs?
What is the current situation in your universities?